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Forward Industries, Inc. — Director's Dealing 2014
Feb 21, 2014
31581_dirs_2014-02-20_06b72105-fce2-4698-8bde-9dbd6f6b6fc3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FORWARD INDUSTRIES INC (FORD)
CIK: 0000038264
Period of Report: 2014-02-18
Reporting Person: Johnson Frank L (Director, Member of 13(d) group)
Reporting Person: LaGrange Capital Partners LP (Member of 13(d) group)
Reporting Person: LaGrange Capital Management, LLC (Member of 13(d) group)
Reporting Person: LAGRANGE CAPITAL PARTNERS OFFSHORE FUND LTD (Member of 13(d) group)
Reporting Person: LaGrange Capital Administration, L.L.C. (Member of 13(d) group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-18 | Forward Industries Common Stock | J | 38789 | — | Disposed | 394689 | Indirect |
Footnotes
F1: This Form 4 is filed jointly by LaGrange Capital Partners, L.P. ("Capital Partners"), LaGrange Capital Partners Offshore Fund, Ltd. ("Capital Partners Offshore Fund"), LaGrange Capital Management, L.L.C. ("Capital Management"), LaGrange Capital Administration, L.L.C. ("Capital Administration") and Frank L. Johnson. Each of the Reporting Persons is a member of a Schedule 13(d) group with respect to the securities of the Issuer that beneficially owns approximately 6% of the Issuer's oustanding shares of common stock. As members of the group, each of the Reporting Persons may be deemed to beneficially own the securities of the Issuer beneficially owned by the other members of the group. Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer beneficially owned by the other members of the group except to the extent of his or its pecuniary interest therein.
F2: On February 18, 2014, Capital Partners redeemed certain interests in Capital Partners owned by certain of its limited partners. In connection with such redemption, Capital Partners made distributions in kind in the aggregate amount of 38,789 Shares to such limited partners.
F3: Shares beneficially owned by Capital Partners. As the general partner of Capital Partners, Capital Management may be deemed to beneficially own the Shares owned beneficially by Capital Partners. As the sole member of Capital Management, Frank L. Johnson may be deemed to beneficially own the Shares beneficially owned by Capital Partners.